WebSeries® Payments and Cash Management is a scalable financial process automation solution optimized for organizations who rely on the secure and timely execution of payments as a critical component of their business. A fully Web-based platform, WebSeries enables organizations to centralize payments and cash reporting while improving efficiencies and increasing both visibility and control of their cash flow.
With the most comprehensive payments and reconciliation capabilities on the market, WebSeries supports a broad range of payment types, each with associated transaction reporting, to manage all enterprise payment needs. Modular in design for the greatest possible flexibility, WebSeries offers ACH, wires, international payments (both real-time Gross settlement and international ACH), and comprehensive check management with consolidated, multi-bank capabilities.
Flexible Platform Architecture Ensures Successful System Integration
As the heart of any payments and cash management solution is its ability to integrate securely and reliably with back-end systems for straight-through processing, WebSeries is proven to integrate easily with existing enterprise infrastructure to ensure that products and services map to both the current and future requirements of your business. Acting as a consolidator for an organization’s disparate back-office systems, WebSeries supports payment input (both file-based and manual data entry), validation, workflow, file formatting and transmission, and ongoing status reporting throughout the transaction’s lifecycle.
A comprehensive “payments factory” can also require end-to-end integrations with external systems such as the SWIFT network or third-party image archive systems. WebSeries supports standard SWIFT message types for multi-currency and multi-bank processing and reporting, enabling organizations to reduce costly bank point-to-point connections and replace them with a single conduit to a SWIFT service bureau, or by becoming a member of SCORE.
In addition, WebSeries supports the ability to make “real-time” calls to external systems, such as to view a cleared check image, for example, placing all pertinent information at the users’ fingertips in a timely, efficient manner. As a result, WebSeries enables organizations to enjoy reduced internal support costs, an improved user experience, and increased cash controls with a single view into all transactions across the organization.